Gavin Newsom: Californians Don’t Pay Enough For Gasoline

Governor Gavin Newsom claims oil companies are price gouging, which is the reason that gasoline prices are almost $2 more than the national average price in his state. Californians are paying almost $5 a gallon for regulated unleaded gasoline, while the nation is averaging $3.25 a gallon. Newsom does not believe that California’s high taxes […]

Continue Reading...

Biden Targets Domestic Refineries As China Outpaces U.S.

A new threat to U.S. refining may be looming. A proposed Environmental Protection Agency (EPA) rule on hydrofluoric-acid-based alkylation could spur a round of refinery closures as the cost of replacing hydrofluoric acid based alkylation with alternatives is extremely high. EPA is considering adding amendments to its Risk Management Program (RMP) regulation that could effectively eliminate the […]

Continue Reading...

Biden Puts OPEC Behind The Wheel Of America’s Gas Prices

The Organization of Petroleum Exporting Countries (OPEC) and fellow oil-producing allies (OPEC+) are back in the driver’s seat as U.S. shale oil is no longer the marginal fuel due to President Joe Biden’s anti-oil and gas policies. Brent oil jumped to $85 a barrel since members of OPEC+ including Russia announced production cuts of 1.16 million barrels per day on […]

Continue Reading...

Fact Check: Biden’s Outrageous SOTU Gas Prices Claim

On February 7, 2023, in his state of the union address, President Joe Biden stated, “Here at home, gas prices are down $1.50 a gallon since their peak.” While the statement is true, he fails to indicate that they are still almost a dollar higher than when he took office on January 20, 2021. And according […]

Continue Reading...